38, Derwent Way
38, Derwent Way
Description & Estimates
According to the public record, 38, Derwent Way, Spalding is a modern freehold house with 936 ft2 of internal area and sits on a 135 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Derwent Way, Spalding is £222,676 and the estimated rental value is £1,022 per month.
Derwent Way, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
Our Data Sources
38, Derwent Way, Spalding has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated October 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 38, Derwent Way, Spalding is in very good condition we estimate a sale value of £233,810 and a rental value of £1,074 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,089 and a rental value of £951 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 38, Derwent Way, Spalding has dropped by £8,066 (3.6%), while its estimated rental value has risen by £31 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Plot Size
According to data from HM Land Registry, 38, Derwent Way, Spalding sits on a plot of 135 m2.
We have plot size data on 34 out of 36 other houses in the postcode and 38, Derwent Way, Spalding sits on the 30th largest plot.
Energy Efficiency
38, Derwent Way, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Oct 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 38, Derwent Way, Spalding was last sold on 25th September 2020 for £214,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2020, the market for similar properties has risen by 4.3%.
- Sold Sep 2020£214,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Derwent Way, Spalding within a radius of 570 metres over the last 2 years.
The most recent example is 6, Stour Close, Spalding, PE11 3WZ, a freehold house which sold for £187,500 on the 1st October 2024.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Derwent Way, Spalding, PE11 has a total of 36 addresses. According to our analysis of all the public data, 38, Derwent Way, Spalding is the 18th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £2k more expensive than the average property in PE11.
More reading links
Schools Nearby
- 400mMonkshouse Primary Academy
- 400mWygate Park Academy
- 900mSpalding Primary Academy
- 1.5kmSpalding Grammar School
- 2.2kmSpalding High School
- 2.5kmSpalding Academy
More reading links
Public Transport Nearby
The closest station to 38, Derwent Way, Spalding is Spalding station, which is 1.2 kilometres away.
- 1.2kmSpalding
- 20.1kmSwineshead
- 21.1kmHubberts Bridge
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be low.
